About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

2006 Arkansas Attorney General Reports and Opinions 1 (2006)

handle is hein.sag/sagar0006 and id is 1 raw text is: THE ATTORNEY. GENERAL
STATE OF ARKANSAS
MIKE BEEBE
Opinion No. 2005-241
January 3, 2006
The Honorable Jim Luker
State Senator
Post Office Box 216
Wynne, Arkansas 72396-0216
Dear Senator Luker:
I am writing in response to your request for an opinion on three questions
regarding the Auctioneer's Licensing Act and whether that law requires
regulation of consignment stores that list items on eBay or similar online
marketplaces for consumers. You recite the following information and pose three
questions related to this information:
eBay is an online internet marketplace for the sale of goods and
services by individuals. Globally, eBay has over 135 million
registered users, most of whom only purchase items. In the
United States, over 430,000 individuals earn a substantial portion
or all of their income selling on eBay. eBay was founded in 1995
and is located in San Jose, California, and the servers and routers
that handle all of eBay's transactions are also located in that state.
The eBay format allows a seller to list goods for sale on eBay for
a designated period of time. The item may be listed at a set price
(as is the case in roughly one-third of eBay transactions), or may
be listed and sold to the buyer who agrees to pay the most in that
period of time. A seller can also set a minimum price that he will
accept for the goods. eBay does not formally police the use of its
marketplace, other than enforcing the policies and terms set forth
in its User Agreement, but it does facilitate trust by soliciting
feedback for each buyer and seller. All feedback comments and
323 CENTER STREET, SurrE 1100 * LrrTLE ROCK, ARKANSAS 72201
TELEPHONE (501) 682-2007 * FAx (501) 682-8084
INTERNET WEBSTE * http://www.ag.state.ar.us/

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most